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Report: T-Mobile, Sprint Close To Merger

 
Report: T-Mobile, Sprint Close To Merger

(Bellevue, WA)  --  T-Mobile and Sprint are reportedly close to merging.  The "Wall Street Journal" reports the deal is worth $32 billion.  

Sprint, the third-largest wireless company, would acquire T-Mobile, the fourth-largest, for about $40 per share in cash and stock.  The finalized agreement could be announced as soon as July.

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